Products & Services

AS-SIDQ™

As-Sidq™ (the truth in Arabic), is an Islamic Financial Tawarruq (Fund-raising) Trading Platform, World’s first and Malaysia only shariah-compliant trading system that facilitates Islamic Financing through Financial Technology (Fintech) platform.

It is currently in use by 40 financial institutions in Malaysia since 2012 for personal financing and at the beginning of 2017 is also available for use by small and medium-sized (SMEs) companies for the financing of theirs business activities through factoring companies.

As-Sidq™ has to date processed over 350,000 transactions worth over RM30 billion since its inception.

The multi award-winning product has also gained numerous recognitions for its unique proposition:

As part of the technological drive towards making As-Sidq™ a more dynamic platform, secure and with more features for a better tawarruq (Fund-raising) experience, As-Sidq™ will be a cloud-based service; to avoid the possibility of downtime caused by hardware issues and for enhanced security features.

With this in place, As-Sidq™ services currently supporting personal financing and SME's business financing will also be able to cover Current and Saving accounts (CASA) segment and credit cards and mortgage financial segments.